FPT

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Leaps and bounds to capture investment in next-generation investment projects

With the global digital wave hitting Vietnam, the country has been actively renovating itself into an attractive destination for new-age investors.

FPT’s profit up 28 per cent in first 8 months

IT giant FPT Corporation reported revenue and pre-tax profit of VND17 trillion (US$726 million) and nearly VND3 trillion in the first eight months of this year, up 21 per cent and 28 per cent, respectively.

 

VN Association of Financial Investors proposes state divestments to build deepwater ports

The Vietnam Association of Financial Investors (VAFI) has requested the PM and relevant authorities' approval to build deepwater ports from the proceeds of divesting state ownership in large corporations like Vinamilk, Sabeco, and FPT.

 

VN businesses go digital in corporate governance

Businesses understand that digitalization is a must in the digital technology era. However, for many reasons, the modernization of financial information remains unsuccessful in the country.

Vietnam pursues ‘Southeast Asian Silicon Valley’ dream

“After 30 years of doing outsourcing, Vietnam now has basic conditions to shift to R&D and create technology products,” said PM Nguyen Xuan Phuc at Make in Vietnam, a national technology firm development forum held in Hanoi some days ago.

FPT software firm’s president explains ‘why Vietnam is still poor’

Citing information that the productivity of a Singaporean worker is 14 times higher than one Vietnamese, Hoang Nam Tien, president of FPT Software, explained why Vietnam is still poor.

FPT goes ahead with driverless vehicle plan

“FPT cannot manufacture cars, which requires precision mechanics, but it can turn cars into self-propelled vehicles,” FPT Software chair Hoang Nam Tien has said.

FPT, Yamaha to deploy autonomous vehicle test at Ecopark

FPT Software on April 11 announced its cooperation with Yamaha to test self-driving electric automobiles in Ecopark Urban Area in northern Vietnam.

 

How much is VNG, Vietnam’s ‘big tech guy’?

 VNG, the Vietnamese technology firm specializing in digital content, online entertainment, social working and e-commerce, now has a valuation of $2.77 billion.

 

Software firms have jobs, but lack workers

The high growth rate of software outsourcing and the lack of a labor force in the industry have triggered a vigorous human resources competition among software firms.

Banks need hundreds of million of dollars for digitalization

Vietnamese bankers have all announced that they will digitalize banking transactions, but only a few banks have kicked off the process.

As domestic market gets saturated, investors eye foreign markets

VietNamNet Bridge - To maintain high growth after the domestic market becomes saturated, large corporations are eyeing foreign markets. 

What will Vietnam’s software industry gain when Vingroup joins it?

VietNamNet Bridge - In late August, Vingroup announced a plan to develop into a technology conglomerate, officially setting foot in the software industry.

Vietnam’s IT staff attracts interest from Japanese firms

Japan is known as a difficult-to-be-please market, but Vietnam’s IT firms meet Japanese standards thanks to their qualified engineers.

Vietnam needs national training strategy to develop IT workforce

VietNamNet Bridge - The battle among IT firms to scramble for engineers has become so fierce that analysts warn it may cause chaos in the IT labor market.

Local IT firms struggle to attract talent

VietNamNet Bridge - A manpower shortage is affecting the development of the IT (information technology) industry. 

BUSINESS IN BRIEF 24/6

Banks cut short-term interest amid good liquidity, TPBank earns US$97mn by issuing private shares, DATC targets highest debt settlement since 2015, FPT, Điện Quang to develop smart electrical equipment     

AI to be used in every socio-economic field in Vietnam: experts

VietNamNet Bridge - Not only companies or large corporations will use AI, but small shops, households, supermarkets and buildings will also become clients of the technology.

Will Vietnam become an AI hub?

VietNamNet Bridge - Le Hong Viet, technology director of FPT, the Vietnamese largest information technology frim, said AI (artificial intelligence) has had extremely big impact on the economy and society. 

The power of Vietnam’s software industry

VietNamNet Bridge - Vietnam’s software industry has high capability, great development potential, and a bright future, experts say.